Bills · 119th Congress · Commerce

Main Street Parity Act

Where it stands

  1. Introduced10/14/25
  2. Passed HousePassed 1/20/26
  3. Senate
  4. President
  5. Law

Passed the House 383–8 on January 20, 2026 (Roll Call 32 →). Received in the Senate on January 26, 2026. No Senate action since.

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Roll calls on this bill

Votes on passage
HouseOn Motion to Suspend the Rules and Pass · 1/20/26Suspension of the rulesA fast-track House procedure, usually for measures expected to have broad support. Debate is limited to 40 minutes, no amendments can be offered, and it needs a two-thirds vote of members voting — not a simple majority. A yes vote passes the bill.Rules of the House, Rule XV, clause 1 ↗
Passed
  • Democratic195 Yea · 2 Nay · 16 Not voting
  • Republican188 Yea · 6 Nay · 24 Not voting
  • Independent / Other0 Yea · 0 Nay · 0 Not voting
Official summary (CRS)

Main Street Parity Act

This bill lessens the financing requirements for certain Small Business Administration loans to small businesses for plant acquisition, construction, conversion, or expansion, including the acquisition of land. Specifically, the bill reduces the amount of equity a borrower must provide by 5% of the total cost for loans for limited or single-purpose properties.

Full text on congress.gov ↗
Sponsor
Rep. Roger Williams ( Republican · TX-25)
Cosponsors
4
Introduced
10/14/25
Policy area
Commerce

What happens next

The Senate must pass the same text, then it goes to the President.

If it isn't enacted by Jan 3, 2027, it expires when the 119th Congress ends.

All actions (15)
  1. 10/14/25Introduced in House
  2. 10/14/25Referred to the House Committee on Small Business.
  3. 11/18/25Committee Consideration and Mark-up Session Held
  4. 11/18/25Ordered to be Reported by the Yeas and Nays: 27 - 0.
  5. 12/12/25Reported by the Committee on Small Business. H. Rept. 119-406.
  6. 12/12/25Placed on the Union Calendar, Calendar No. 354.
  7. 1/20/26Mr. Williams (TX) moved to suspend the rules and pass the bill.
  8. 1/20/26Considered under suspension of the rules. (consideration: CR H930-931)
  9. 1/20/26DEBATE - The House proceeded with forty minutes of debate on H.R. 5763.
  10. 1/20/26At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
  11. 1/20/26Considered as unfinished business. (consideration: CR H939-940)
  12. 1/20/26Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 383 - 8 (Roll no. 32). (text: CR H930)
  13. 1/20/26On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 383 - 8 (Roll no. 32). (text: CR H930)
  14. 1/20/26Motion to reconsider laid on the table Agreed to without objection.
  15. 1/26/26Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.